Doin' It Bloggystyle: Ben "Comfort" Bernanke

Minyanville brings together the best of what they are saying "out there" about the topics we're talking about right here.

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Blogs themselves need no introduction, as they get as much publicity as pretty much anything these days, save maybe the latest Britney news. There's an expanding world of excellent financial blogs, covering just about everything, from global economics to swing trading. Minyanville's goal is to bring together the best of what they are saying "out there" about the topics we're talking about right here.

"I went back to 1996 (N = 2891 trading days) and found only four occasions in which we had a prior overnight session down by 1% or more followed by a day session down by 1% or more and a current overnight session down by 1% or more. Interestingly, these short-term waterfall declines tended to occur at key junctures near intermediate lows in bear markets: 9/21/01 (after the 9/11 incident); 10/28/97; 4/17/2000; and 10/1/98. Three of the four occasions rose very sharply during the subsequent day session (over 3%) after dipping very little after the open. The one occasion that was down during the day session (by a little over 1%), recovered to a gain the following day. "

Which makes it one day younger than the bull market. Coincidence? I think not. I'm actually one day younger than Seven-Eleven, and don't think my parents didn't plan that out...

Fake Tales of San Francisco

I honestly had no emotion greater than disinterest in Bonds' homer record, and I'm a huge baseball fan.

OK, I was happy when I saw the guy who ended up with it was a Mets fan.

And if you think anyone is going to know who gave up #756 in one, five and ten years, without Google, name who gave up McGwire's 62nd in 1998? How about his 70th? Or Bonds' 71st in 2001?

What annoys me most was and is the pedantic take of the Elite Punditry. The insinuation always being They Know Better that we Luddite fools. In a generation we'll all be taking steroids. And besides, it's no more insidious than stealing signs or corking bats.

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